Owens&Minor Investor Conference Presentation Deck
1 Favorable Trends Driving Robust Demand
11
Durable Medical Equipment Expenditures: Historic and Projected (CMS) ($bn)¹
40
2010
42
2011
Aging population
Rising incidence of
chronic diseases
Preference for
in-home care
44
2012
Continued shift toward
home healthcare
Highly fragmented
market
CAGR 2010-2018: 4.3%
45
2013
47
2014
49
2015
51
2016
52
2017
55
2018
57
2019
55
2020
66
70
CAGR 2019E-2028E: 6.2%
74
78
83
88
2021E 2022E 2023E 2024E 2025E 2026E 2027E
Improved technology has increased number of treatments administered at home
■Patients prefer the convenience of in-home care
93
U.S. population aged 65+ will grow substantially from 15.2% to 20.6% of the population between 2016 and 2030
98
Increasing obesity rates and historically high prevalence of smoking will drive diagnosis rates for a number of chronic conditions
Certain chronic diseases currently under-diagnosed
2028E
Home healthcare increasingly sought out as an attractive, cost-effective and clinically appropriate alternative to facility-based care
Pandemic environment further emphasized the need for home healthcare as a low-risk setting
Source: CMS, United States Census Bureau, Medicare Payment Advisory Commission, HME News, and Henry J. Kaiser Family Foundation
1 The latest projections were published in 2018 and are shown from 2021 through 2028. These projections do not take into account the impact of COVID-19 because of the timing of the report and the highly uncertain nature of the pandemic.
2019 and 2020 actual results were sourced from CMS.
Between 2012 and 2018, the overall number of durable medical equipment, prosthetics, orthotics and supplies suppliers that bill
Medicare more than $10mm annually fell from 73 to 57
The market remains highly fragmented and competitive
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